The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-03-26

cash quotations were as follows: Flour dull
and UNCHANGED. No. 2 spring wheat. IS @774c;
No. spring wheat, 73c; No. 2 red IS 1885,
No. 2 corn, 34s a BIC. No. oats, "a a 24Ac. No.
2 rye, 54kc. No. barley. so 05Oac. Mol flax
seed, 81. 09s. Prime timothy-seed, 70. Mess
pork. per brl, 500 35. Lard, per 100 lbs,
$7.27ac. Short-rib sides loosel, 7S2ac; dry
sailed shoulders (boxed) Gao 25c; short-cear
sides tboxed). 8.20a825c Whisky, distillers'
finished goods per gal, ST. 18 Sugars-Cut-
loaf, 81 q 6sc granulated &c; standard A, SEC.
On the Produce Exchange, to-day, the butter
market was easier; creamery, "a 0301c; dairy,
22s a BE. Eggs. lOa ole.
Receipts-Flour, Il, 900 brls; wheat, "A. 900 bu:
corn, 1873, 600 bu; oats, 1885, 900 3u; rye 900 bu;
brs; wheat, 26 0O0 bu; corn, 140 900 bu oats, 49,
600 bu; rye, 1000; barley, 10000 bu.
n. g. Dun s. Co.'s Business Review.
NEW YORK. March 25.-R. G. Dun & Co.,
in their weekly trade review. say: April is close
at hand, and some anxiety as to the money mar
ket is usual at this season. The banks have
been sending large amounts to the interior
through deposits at the treasury, and issues of
silver certificates elsewhere, and there has also
been heavy demand for Philadelphia exchange,
so that further decline in reserves is expected
The Western and Southern demand for money
has been intensified by desire to ship products
before the interstate act and the change of
rates goes into effect. Though the demand
at Chicago is reported diminishing, rates are
Cos per cent. All the circumstances make
| it comparatively easy for one operator
| to produce tight money if he pleases The
Treasury has taken in ST, 700, 900 more gold than
| it has paid out during the past week, but
| has added SO, 900. 600 to the outstanding
silver certificates and put out some legal tenders
| Also The reduction of rates by the Bank of
| England and the abundance of money there IA
! vor continued case in this market. Exports
fpn~ Nnxu VorE f<xnf h~a4
cent. larger than last year, with imports
! ~ per cent. larger. The February of
| fetal report shows increase of S., 500. 900 in
| exports over last year, the amount being the
largest since 1883. but the imports were the larg
| est on record for many years in February, and
| the excess of imports was 81. 214.357. Gold ex-
| ports for the month exceeded imports by ST. 533 :
| 1856
shipments from the chief Eastern cities were
| IA 160 tons in the month of February, against
1874 $50 last year. but east-bound tonnage was
TAI $50 tons, against $50. 294 tons last year. The
| temporar activity of March does not indicate
| larger business after the change of rates. how
ever, nor is the building of GIG miles Of road,
against 296 to date last year safe indication as
| to the future.
| Reports regarding the iron business are not
favorable. the imports evidently having de-
| pressing effect It would not be strange il q
reaction should soon begin. The rise which be-
gan IL 1871 lasted twenty months; the rise which
| rise which began in 1855 has lasted about eigh-
| teen months The volume of legitimate bust
ness is large and increasing, exchanges and
tonnage records show but speculation in most
markets is dead Oil speculation suffers from
pending bills in Ohio and Pennsylvania.
Pork products have reacted little Wool is
lower, the demand for goods being slack Wheat
has declined 1c, corn about half cent and oats
| q shade with unusually small sales and large
receipts. Cotton has advanced quarter aud
coffee half a cent, and beef is stronger. but the
prevailing uncertainty affects most branches of
business unfavorably, except as transactions are
fastened to make shipments by rail. before the
change in rates and the expiration Of contracts.
The business failures during the last seven
days number, for the United States 2l8 for
Canada. Al; total, 259, against 220 last week,
and 22l for the corresponding week Of last year.
The casualties this week considerably above
the average in the Southern States and in Can
ada. In New York city there were ten failures;
in the New England States, thirty four, and in
the Middle States, forty.